Freightos Limited (CRGO)
Market Cap | 113.73M |
Revenue (ttm) | 20.28M |
Net Income (ttm) | -65.47M |
Shares Out | 47.99M |
EPS (ttm) | -1.47 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 2,085 |
Open | 2.460 |
Previous Close | 2.360 |
Day's Range | 2.360 - 2.460 |
52-Week Range | 1.850 - 4.580 |
Beta | 1.05 |
Analysts | Strong Buy |
Price Target | 8.00 (+237.55%) |
Earnings Date | May 20, 2024 |
About CRGO
Freightos Limited, together with its subsidiaries, operates a vendor-neutral booking and payment platform for international freight. It operates WebCargo, a platform for connecting carriers and forwarders; and Freightos.com, a platform for connecting service providers to importers/exporters. The company also offers software-as-a-service solutions, such as WebCargo Air for airline rates and ebookings; WebCargo AcceleRate, a multi-modal rate repository; data services; and WebCargo Airline Control Panel that enables airlines to control bookings an... [Read more]
Financial Performance
In 2023, Freightos's revenue was $20.28 million, an increase of 6.27% compared to the previous year's $19.09 million. Losses were -$65.47 million, 165.1% more than in 2022.
Financial StatementsAnalyst Forecast
According to 2 analysts, the average rating for CRGO stock is "Strong Buy." The 12-month stock price forecast is $8.0, which is an increase of 237.55% from the latest price.
News
Freightos Record Transactions and Gross Booking Value for First Quarter of 2024 Exceed Management Expectations
The Company Plans To Report Earnings on May 20, 2024 JERUSALEM , April 15, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the interna...
Delta Cargo Partners with Freightos' WebCargo and 7LFreight to Offer Real-Time Digital Air Cargo Quotes and Bookings
BARCELONA, Spain , March 26, 2024 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), a leading independent booking and payment platform for the international freight industry, is excited to announc...
Fits Cargo Partners with WebCargo by Freightos to Ignite Digital Sales
BARCELONA, Spain , March 13, 2024 /PRNewswire/ -- Freightos (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, today announced a partnership ...
Freightos Reports Fourth Quarter and Full-Year Results with Substantial Transaction Growth and Strong Financial Position
Full-year #Transactions growth of 53% showcases robust marketplace expansion Year-end cash balance of $52 million secures foundation for future growth and innovation Exceeded or met expectations acros...
Freightos Announces Board of Directors Change
JERUSALEM , Feb. 8, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today announced that William C...
Virgin Atlantic Cargo Joins Freightos' WebCargo to Bring Air Cargo eBooking to Thousands of Freight Forwarders Globally
BARCELONA, Spain , Feb. 5, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendor-neutral booking and payment platform for the international freight industry, announced that WebCargo ...
NAVIGATING TOMORROW: Japan Airlines Cargo Chooses WebCargo for Global Digital Expansion
TOKYO and JERUSALEM , Jan. 24, 2024 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), the leading digital booking and payment platform for the international freight industry, today announced its p...
Freightos Sees 36% Transaction Growth Due to Increased Digital Platform Adoption
Freightos, a vendor-neutral booking and payment platform for the international freight industry, reported record transactions for the fourth quarter of 2023. The company recorded 286,900 transactions ...
Freightos Announces Record Transactions for Fourth Quarter of 2023 and Date of Fourth Quarter and Full Year Earnings Release
JERUSALEM , Jan. 16, 2024 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported preliminary Q4...
Red Sea attacks: Freightos CEO discusses the impact of global trade, supply chain
Freightos CEO Zvi Schreiber weighs in on navigating the Red Sea attacks and how some ships are re-routing on 'The Claman Countdown.' https://bit.ly/2D9Cdse Watch more Fox Business Video: https://video...
Freightos Limited to Present at the December 7th Virtual Investor Summit
Jerusalem, Israel--(Newsfile Corp. - December 4, 2023) - Freightos Limited (NASDAQ: CRGO) announced today it will be presenting at the December 7th, 2023 virtual Investor Summit. Event: December 7th I...
Freightos Reports Third Quarter Results with Revenue Growth and Progress Toward Profitability
Sustained growth in Transactions and in number of Buyer Users reflects continued marketplace growth dynamic Operational efficiency plan yields better than expected results enhancing the Company's fina...
Freightos Announces Record Transactions for Third Quarter of 2023 and Date of Third Quarter Earnings Release
JERUSALEM , Oct. 18, 2023 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported Q3 2023 Key Pe...
Freightos' WebCargo Partners with Chapman Freeborn to Offer Extensive Global Capacity
JERUSALEM , Sept. 27, 2023 /PRNewswire/ -- WebCargo by Freightos (NASDAQ: CRGO), the leading digital booking and payment platform for the international freight industry, today announced a partnership ...
With its Fleet of CO2-Friendly 'Longships': Norse Atlantic Airways Partners with WebCargo by Freightos to Propel its First-Ever Digital Sales
JERUSALEM , Sept. 26, 2023 /PRNewswire/ -- Norse Atlantic Airways and WebCargo by Freightos (NASDAQ: CRGO), the leading air cargo booking platform, today announced a significant partnership to offer ...
Freightos Reports Second Quarter Results with Record Transactions and Improved Profitability
Freightos Platform continues 14 quarter streak of record Transactions. Company remains on track to reach profitability with existing cash.
Freightos Announces Record Transactions for Second Quarter of 2023 and Date of Second Quarter Earnings Release
JERUSALEM , July 24, 2023 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading, vendor-neutral booking and payment platform for the international freight industry, today reported Q2 2023 Key Pe...
WebCargo by Freightos Enables First Digital Interlining Air Cargo Shipment Booked between ITA Airways and Qatar Airways Cargo
In Digital Air Cargo (DAC) milestone, WebCargo reduces time to book interline shipments from days to seconds JERUSALEM , July 18, 2023 /PRNewswire/ -- Freightos Limited (NASDAQ: CRGO), a leading vendo...
Freightos laying off 13% of employees as revenue weakens
Freightos, a digital marketplace for international air and ocean shipping, announced Tuesday that it will reduce staff levels by 13% and lowered its full-year outlook again in an effort to stem mounti...
Freightos Announces Plan for Operational Efficiency and Cost Reduction
In light of persisting global economic headwinds, Freightos announces an operational efficiency plan expected to allow the Company to continue growth and to reach break-even on existing funds. Growth ...
WebCargo Launches Airline Dashboard to Drive Insights and Revenue for Cargo Airlines
As air cargo market softens, the Dashboard provides critical insights into demand patterns and pricing, and allows airlines to take action to improve sales and revenue JERUSALEM , July 5, 2023 /PRNews...
Wideroe, a Leader in Emission Reduction, to Expand its Digital Offerings with eBookings on WebCargo
Largest Nordic airline to provide sustainable eBookings from the Mediterranean to the Arctic to 10,000+ forwarding offices on WebCargo JERUSALEM, June 22, 2023 /PRNewswire/ -- Wideroe, the innovative ...
Eastern Air Logistics Taps WebCargo to Fuel Global Growth
Partnership with Leading Cargo Booking and Payment Platform Makes Eastern Air Logistics First Chinese Carrier With Real-Time Ex-China eBooking and Payments JERUSALEM , June 20, 2023 /PRNewswire/ -- Ea...
Freightos' cash burn continues despite more user activity
Freightos, a digital marketplace for air and ocean freight, reported adjusted losses before accounting measures increased 83% to $5.8 million in the first quarter due to ongoing investments in R&D and...
Freightos Announces Record Q1 2023 Transactions and Achieves High End of Guidance
Transactions on Freightos Platform continue streak of 13 record quarters, confirming again sustainable marketplace growth flywheel. Carriers providing marketplace supply diversify and expand to 37.